| ▲ | ux266478 2 hours ago | |
> Or when our paycheck is going to be multiplied accordingly. That doesn't increase shareholder value, so it would be a violation of the c-suite's fiduciary responsibility. Sorry, the extra capital will instead be used on stock buybacks. | ||
| ▲ | rootusrootus an hour ago | parent | next [-] | |
<insert required disclaimer here that fiduciary duty does not require using every opportunity to increase shareholder value> | ||
| ▲ | twbarr an hour ago | parent | prev | next [-] | |
Fiduciary responsibility also requires long-term thinking. If AI is writing the code, I need the smartest, most well-rested supervisors I can get. | ||
| ▲ | jmye an hour ago | parent | prev [-] | |
> Sorry, the extra capital will instead be used on stock buybacks. Given how start-up (and thus equity) heavy this board is, that should also directly multiply total comp, even though it was meant as a vapid snipe and isn't actually vaguely valid outside of a handful of very large companies. | ||